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Related news

Revenues of AFI Europe in Romania up to EUR 39.4 million last year

Revenues of AFI Europe from renting the shopping centres AFI Palace Cotroceni and AFI Palace Ploiești, as well as the first three buildings within AFI Park office complex totalled last year EUR 39.4 million, up with 7 pct. compared to 2014, according to the company’s financial statement.

Immofinanz: Stefan Schönauer Appointed Chief Financial Officer, Dietmar Reindl’s Executive Board Contract Extended

The IMMOFINANZ Supervisory Board recently appointed Stefan Schönauer as Chief Financial Officer for a period of three years, effectively immediately. He succeeds Birgit Noggler, who resigned from the Executive Board at her own request as of 19 February 2016. The Supervisory Board also approved a four-year extension in the term of office for Dietmar Reindl.

FotoNation, new tenant of AFI Park brings occupancy rate to 60 pct

AFI Park 4&5 office buildings owned by AFI Europe România reached 60 pct occupancy rate after the signature of a lease agreement with FotoNation, a TESSERA company, with activity in the field of computing imaging.

Melisron mulls buying Africa Israel's Romanian properties

Africa Israel's main Romanian property is the NIS 1.9-billion (EUR 441 million) AFI Palace Cotroceni Mall.

AFI Park 4&5 reach 50 pct occupancy rate two weeks before delivery

Two weeks before being delivered, AFI Park 4&5 reached a 50 percent occupancy rate, real estate developer AFI Europe Romania announced. This means that 16,000 sqm have been pre-leased of the total surface of the towers.

Romanian properties bring 14 pct of Immofinanz income in first half of financial year

In the first half of the 2015/16 financial year, rental income from the Romanian properties of the Immofinanz group reached EUR 22.2 million, accounting for 13.9 percent of the developer’s total rental income. The numbers were stable, with the previous period registering EUR 22.5 million in income, group representatives inform.

Immofinanz sells logistics portfolio to Blackstone

Immofinanz has signed a contract with Blackstone for the sale of its entire logistics portfolio. The transaction covers all 36 logistics standing investments with up to one million sqm of rentable space, which are located for the most part in Germany (24 properties) as well as in Hungary (5), Romania (3), Poland (2), Slovakia (1) and Russia (1).

Immofinanz to let a third of the first phase of LOG.IQ Bucharest

Immofinanz, one of the major real estate investors in Romania, announces pre-lease contracts in LOG.IQ Bucharest, the company’s newest logistic project in Mogosoaia.

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